ADDISSU TESSEMA (AZ) - 2020 PPP Loan Borrower Profile (# 2028408810)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADDISSU TESSEMA. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Arizona.

Loan Detail

Loan Number

2028408810

SBA Office Code

0988

Processing Method

PPP

Curent Loan Amount

$6,145

Date Loan was Approved

Apr 11, 2021

Amount Forgiven

$4,318.55

Date Loan was Forgiven

Jul 21, 2021

Loan Status

Exemption 4

Loan Term

60 Months

Payroll Proced

6,145

Lender

Readycap Lending, LLC

Business Detail

Business Type

Sole Proprietorship

NAICS

485999

Borrower Location

Gilbert, AZ

Project Location

Gilbert, AZ

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.